#ArizonaBTCReserve Arizona Strategic Bitcoin Reserve Act.

SB1025 defines how the state manages its public monies, from sources such as the state treasury and pensions.

The bill also mandates that if the U.S. Secretary of the Treasury establishes a Strategic Bitcoin Reserve to store the government's Bitcoin, the state of Arizona "may store" its public fund's virtual currency holdings in a "secure, segregated account within the Strategic Bitcoin Reserve."

SB1025 would amend Arizona law to let the state treasurer and retirement systems invest up to 10% of public funds in virtual currencies, specifically Bitcoin.